Sunday, September 20
Mumbai: Overseas fund managers' bearish derivative bets on India are at a five month-high as simmering uncertainties around tariffs and rich share valuations have made them wary about the market's near-term prospects.The long-short ratio-a market sentiment indicator that compares the number of traders betting on a rise in prices (long positions) to those betting on a fall (short)-based on foreigners' derivative positions stood at 15% on Friday-lowest since February 21.Lower ratio reflects an aggressive build-up of short positions and a cautious near-term outlook from institutional investors, said Sudeep Shah, head, technical and derivative research at SBI Securities.The ratio has sharply dropped from 36.7% at beginning of July, and from 20.2% at end of previous week, indicated data from SB
India wants to be a global manufacturing powerhouse. The Make in India campaign and a raft of Production-Linked Incentive (PLI) schemes are designed to drive that ambition, boosting local industry, cutting import dependence, and turning the country into an export engine.But here’s the problem: while the talk is all about self-reliance, the supply chains still run largely through China.A win on toys, but with caveatsLet’s start with a rare success. India’s crackdown on toy imports, especially from China, has been one of the few bright spots in its import substitution push.Between FY2019 and FY2024, toy imports fell nearly 80%, from $304 million to $64.9 million, according to the Global Trade Research Initiative (GTRI).Imports from China alone dropped from around $263 million to just o
